KARACHI, November 05 2024: In a significant move to boost the digital financial ecosystem in Pakistan, the State Bank of Pakistan (SBP) has granted in-principle approval to M/s Toko Lab Private Limited and M/s Accept Technologies Private Limited (trading as PayMob) for establishing an Electronic Money Institution (EMI) and a Payment System Operator (PSO)/Payment Service…
Shanghai, (Xinhua) October 23 2024: Dilma Rousseff, president of the New Development Bank (NDB), highlighted the immense potential and growth capacity of BRICS nations, declaring them significant players in the global economy. “In terms of GDP, BRICS countries have already surpassed the G7 in significance,” she noted. BRICS, which stands for Brazil, Russia, India, China,…
Islamabad, October 22, 2024: Mari Petroleum Company Limited (MARI) conducted its corporate briefing today, highlighting its financial results for FY24 and the company’s outlook. MARI reported earnings per share (EPS) of Rs64, reflecting a 37% year-on-year (YoY) increase. Alongside these results, the company also announced a dividend per share (DPS) of Rs25.8 and an 800%…
Karachi, October 17 2024: The Board of Directors of Bank Alfalah Limited, in its meeting held on October 17, 2024, approved the Bank’s financial results for the nine months ended September 30, 2024. Bank Alfalah reported a profit after tax of PKR 33.643 billion, an improvement of 23.5% over the same period last year (SPLY),…
Karachi, December 3, 2020: During Q1-FY21, the number of registered mobile phone banking users reached 8.9 million showing an increase of 41percent over Q1-FY20 and the number of internet users of bank websites reached 4.3 million with a growth of 26percent over the same period Mobile banking transactions increased to 36.4 million amounting to Rs….